U$1,456,000 - Farm Land Close to Beach in Cabarete

Description

This farmland has access from the main coastal road linking Puerto Plata with Samana and is only a five minute drive to Cabarete. The largest dairy in the area is in Sosua which is no more than 10 minutes away. Farming is tax free in the Dominican Republic and most purchases of milk is paid in cash.

On the opposite side of the main road is Playa Encuentro which is world famous for its board surfing, with kite and wind surfing half a mile along the beach to Kite Beach. All of this is on the doorstep which is why it is such an attractive piece of land. The other feature is the house that is on three levels and has a magnificent view of the countryside and Cordillera Mountains in the near distance. The best view is from the Master bedroom’s L shaped balcony on the third floor from where you can oversee your domain as this villa comes with 61,000 sq meters (656,598 sq ft or 15 acres) of grazing land, and managed woodland including +/- 40 mango trees that generate an income of over US $5000 a year.

The land is currently leased out to the manager’s relations who graze their cattle there and generates around US$12000 a year with a further $2400 from leasing out a fully equipped wood shed. The land, considering its location, is very competitively priced at $21 a square meter.

The villa sits majestically on the highest part of the land with an infinity pool that runs the length of the house. The pool is ideal for children who want to swim, or sit, run and splash in the wide, smooth overspill area.

There is also lots of room around the house for children and pets to run and play, as well as, raise chickens so you can enjoy fresh eggs with your tropical drink while sitting on anyone of three terraces admiring the view.

The price includes the villa which is also listed separately for $495,000 (V-3040 along with 2000 sq meters of land. However, the villa is a valuable asset and has a commanding view of all the land on offer. We have the owner’s plan for separating the land into individual lots with road access from two directions. There is already a new development offering modular homes less than a quarter of a mile away called ‘New Cabarete’ at the entrance to Hideaway Beach and a surf camp.

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